A Note On Our Financial Strength Print

A NOTE ON OUR FINANCIAL STRENGTH

 

Every day, Farm Bureau Mutual Insurance Company of Idaho makes a promise to our customers that we are the best company to protect their assets. Since ours is a business with a higher degree of reliance than most on promises and trust, we felt it was appropriate during the current economic environment to assure you that we have the resources to take care of you when you encounter a loss.

 

Like nearly every other financial business in the nation, we have had some exposure to the current economic storm, yet our solid business practices have ensured that this exposure is manageable.

 

Our company was recently recognized by A.M. Best Company for maintaining an “A” or higher rating for over 25 years. (Our current A.M. Best rating is A+ Superior.) A.M. Best assigns “A” ratings to companies that have, in their opinion, “…an excellent ability to meet their ongoing insurance obligations.” To commemorate this milestone, A.M. Best created the special logo (see below) for insurance companies that met these criteria. These companies were also recognized in A.M. Best's July 2009 issue of "Best's Review" magazine. A PDF of the article "Standing the Test of Time" is available here.

 

Farm Bureau Mutual Insurance Company of Idaho is proud to be recognized with this designation, and we are committed to maintaining it in the future. We are also committed to continuing our successful track record - dating back to 1947 - of fulfilling our promises to our policyholders, employees, agents, and stakeholders.

 

Note – A.M. Best is the world’s largest and longest-established company devoted to issuing in-depth reports and financial strength ratings about insurance organizations. For more about A.M. Best, visit www.ambest.com.


 

AM Best Financial Strength Rating